ECONOMY


Oil price on world markets

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Baku, March 2, AZERTAC

Oil prices have increased in the world markets.

On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the WTI crude oil has increased $1.59 to trade at $49.76, as well price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has raised $2.53 to stand at $62.58.

The Department of Marketing and Economic Operations of the State Oil Company of Azerbaijan (SOCAR) informed that, the price of a barrel of Azeri Light crude oil has increased $0.67 to stand at $63.74 in the world markets.

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